Writing about the emerging world of decentralized finance (DeFi), with a focus on money laundering and fraud, is sort of like trick or treating. Each house (or in my case each passing week) offers more candy, or in my case news related to my chosen beat. Each week the DeFi market news reveals increasing levels of financial thuggery related to the millions of dollars (USD) worth of crypto assets being stolen from crypto exchanges, and the myriad rug pulls that are taking place in the NFT world. Because of this revolving door of financial thuggery, money laundering activity has skyrocketed in the last few years.

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